Mogul of Pineapples
- Centurion Member
- Posts: 1271
- Joined: Sun Jun 01, 2008 11:32 pm
- Location: Smogland
Yep I sure did! I thought it made a number of valid points but the truth is that it more than fiat currency and banking that is a ponzi scheme. When you really sit down and think about it, almost everything financial is. The movie talked about the fact that banks keep a low amount of money on hand with the presumption not everyone will withdraw at the same time and that is a problem. The prices of publicly traded stocks, home values and everything else work on the same concept. Even the value of baseball cards works the same way because if everyone sold at once their value would diminish. I am not standing up and defending the system but it is the world we live in and there's no turning back now that the genie is out of the bottle.
Disclosure: I am a moderator/paid staff of this site, which does have advertising relationships with some credit cards that are discussed and linked to. Regardless, anything I say is my honest opinion.
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